Property Summary: 1137 Atlantic Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 931 sqft bungalow, built in 1956, sits on a 3,996 sqft lot in the Mynarski neighbourhood. Its core appeal lies in its strong value proposition within its immediate locale. The home's assessed value of $299k ranks significantly above the average for Atlantic Avenue, suggesting it is a well-regarded property on its own street. While the living space is modest compared to broader city averages, it is reasonably sized for the area. The lot is also generous for the street.
This property would suit a first-time buyer or a practical downsizer looking for a solid, no-frills home in a mature neighbourhood. It represents an opportunity to own a property that stands out positively on its block in terms of value, potentially offering a sensible entry point into the market. A thoughtful perspective is that its "above average" valuation on its own street could indicate better-than-typical condition, updates, or simply a premium lot position, making it a standout in its micro-market even if it seems average in wider comparisons.
Section 2: Frequently Asked Questions
1. How does this home's value compare to its neighbours?
The $299k assessment is notably higher than the Atlantic Avenue average (~$222.8k), placing it in the top 16% on its street. This suggests it is considered a higher-value property in its immediate surroundings.
2. Is the living space smaller than typical?
At 931 sqft, it is below the average for both the wider Mynarski area and the city. However, for Atlantic Avenue itself, it is much closer to the average, making it a fairly standard size for that specific street.
3. What does the sold price history indicate?
Records show it last sold between $200k-$250k in January 2017. The current assessed value being higher reflects market changes and the property's standing. Exact sale figures require a manual request through the site.
4. How does the lot size compare?
The lot is nearly 4,000 sqft, which is larger than the average lot on Atlantic Avenue. However, it is smaller than the typical lot in both the broader Mynarski neighbourhood and across Winnipeg.
5. The data shows it's "below average" in many city-wide metrics. Should I be concerned?
Not necessarily. This is common for older, established neighbourhoods where homes are often smaller on smaller lots compared to newer suburbs. The key takeaway is how the property performs within its local context—on its own street, it appears to be a strong contender.